Springland International Holdings Limited announced audited consolidated earnings results for the year ended December 31, 2016. For the year, the company reported revenue of RMB 4,192,723,000 against RMB 4,167,905,000 a year ago. Profit before tax was RMB 496,428,000 against RMB 695,607,000 a year ago. Profit for the period attributable to owners of the parent was RMB 325,058,000 or RMB 0.14 per basic and diluted share against RMB 480,288,000 or RMB 0.20 per basic and diluted share a year ago. Capital expenditure of the Group amounted to approximately RMB 1,053 million compared to RMB 2,980 million a year ago.